TMC the metals company Inc (TMC) — Tangible Net Worth Ratio
TMC the metals company Inc (TMC) has a Tangible Net Worth Ratio of 97.5% as of June 2025. This metric is calculated by deducting intangible assets ($2.04 Million) from net assets ($81.86 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore TMC the metals company Inc equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TMC the metals company Inc Tangible Net Worth Ratio (2019–2023)
This chart shows how TMC the metals company Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2019 to 2023. As of June 2025, the ratio stands at 97.5%, reflecting net assets of $81.86 Million with intangible assets of $2.04 Million USD. For live market cap and overall valuation, see TMC stock market capitalisation.
Annual Tangible Net Worth Ratio for TMC the metals company Inc (2019–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for TMC the metals company Inc from 2019 to 2023, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See how financially flexible is TMC the metals company Inc to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 85.0% | $10.92 Million | $1.64 Million | $68.90 Million | ▼ -15.0 pp |
| 2022 | 100.0% | $41.51 Million | $0.00 | $94.78 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $92.75 Million | $0.00 | $133.12 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $36.25 Million | $0.00 | $54.69 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $8.19 Million | $0.00 | $18.32 Million | — |